American healthcare tech company Simplify Alpha opens AI Engineering Centre in Hyderabad

Simplify Alpha, a healthcare technology company headquartered in Chicago, has inaugurated its new AI Engineering Centre in Hyderabad. A part of the Simplify Group, the company has begun working on a plan to increase its workforce to 1,000 employees over the next two years.

The facility was inaugurated on Monday by D. Sridhar Babu, Minister for IT and Industries. Other dignitaries, including Venkatgiri Vandaluri, Co-founder and CEO of Simplify Alpha, were present on the occasion. According to information provided by Minister D. Sridhar Babu's office, the company aims to build specialised engineering teams capable of combining artificial intelligence skills with knowledge of the US health insurance sector.

Speaking on the occasion, Industries Minister D. Sridhar Babu stated, "We have brought in over 160 Global Innovation Centres in the last two and a half years, which has strengthened Hyderabad's position as a hub for global innovation and deep domain expertise." Welcoming Simplify Alpha, he added that such partnerships create high-value jobs, enhance local expertise, and help develop new solutions for the world.

CEO Venkatgiri Vandaluri expressed confidence that Hyderabad's deep technological roots and world-class talent would accelerate the next phase of the company's growth. The Minister's office clarified that while Simplify Alpha currently has operations in Pune and Mumbai, the company is now establishing Hyderabad as its primary strategic base.

According to a report by The Hindu, the centre will focus on bringing innovation to the field of healthcare technology and developing technical solutions specifically for the American insurance sector.